How do you think each of the following items would affect a companys ability to attract new

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How do you think each of the following items would affect a company’s ability to attract new capital and the flotation costs involved in doing so?
a. A decision of a privately held company to go public
b. The increasing institutionalization of the “buy side” of the stock and bond markets
c. The trend toward financial conglomerates as opposed to stand-alone investment banking houses
d. Elimination of the preemptive right
e. The introduction in 1981 of shelf registration of securities

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Financial management theory and practice

ISBN: 978-1439078099

13th edition

Authors: Eugene F. Brigham and Michael C. Ehrhardt

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